Countryside rejects takeover bid

May 30, 2022
Countryside has rejected two offers from Inclusive Capital Partners to potentially take over the housebuilder, stating that the proposals “undervalued the company”. Following an announcement from the US-based investment management firm, which holds a 9.2% stake in Countryside, the housebuilder confirmed that it had received two “unsolicited, non-binding, conditional proposals from Inclusive Capital in relation to a possible offer for ...

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